Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates in three segments: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh products segment distributes avocados and other fresh produce products comprising tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Calavo Foods segment is involved in purchasing, processing, packaging, and distributing prepared avocado products, including guacamole and salsa. The RFG segment manufactures, markets, and distributes fresh-cut fruits and vegetables, fresh prepared entrée salads, wraps, sandwiches, and fresh snacking products, as well as ready-to-heat entrees, other hot bar and various deli items, meals kits and related components, and salad kits. The company offers its products under the Calavo and RFG brands, and related logos; and Avo Fresco, Bueno, Calavo Gold, Calavo Salsa Lisa, Salsa Lisa, Celebrate the Taste, El Dorado, Fresh Ripe, Select, Taste of Paradise, The First Name in Avocados, Tico, Mfresh, Maui Fresh International, Triggered Avocados, ProRipeVIP, RIPE NOW!, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.
Calavo Growers Dividend Announcement
• Calavo Growers announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-02
• Calavo Growers annual dividend for 2024 was $0.50
• Calavo Growers annual dividend for 2023 was $0.30
• Calavo Growers's trailing twelve-month (TTM) dividend yield is 1.89%
• Calavo Growers's payout ratio for the trailing twelve months (TTM) is -80.51%
• Calavo Growers's dividend growth over the last five years (2018-2023) was -21.40% year
• Calavo Growers's dividend growth over the last ten years (2013-2023) was -8.12% year
Calavo Growers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-02 | $0.20 | quarterly | 2024-10-30 |
2024-07-02 | $0.10 | quarterly | 2024-07-30 |
2024-03-28 | $0.10 | quarterly | 2024-04-29 |
2024-01-25 | $0.10 | quarterly | 2024-01-31 |
2023-09-26 | $0.10 | quarterly | 2023-10-11 |
2023-06-26 | $0.10 | quarterly | 2023-07-11 |
2023-03-23 | $0.10 | quarterly | 2023-04-06 |
2022-11-15 | $0.29 | quarterly | 2022-12-14 |
2021-11-10 | $1.15 | quarterly | 2021-12-03 |
2020-11-12 | $1.15 | quarterly | 2020-12-04 |
2019-11-14 | $1.10 | quarterly | 2019-12-06 |
2018-11-15 | $1.00 | quarterly | 2018-12-07 |
2017-11-16 | $0.95 | quarterly | 2017-12-08 |
2016-11-15 | $0.90 | quarterly | 2016-12-08 |
2015-11-13 | $0.80 | quarterly | 2015-12-08 |
2014-11-13 | $0.75 | quarterly | 2014-12-08 |
2013-11-26 | $0.70 | quarterly | 2013-12-12 |
Calavo Growers Dividend per year
Calavo Growers Dividend growth
Calavo Growers Dividend Yield
Calavo Growers current trailing twelve-month (TTM) dividend yield is 1.89%. Interested in purchasing Calavo Growers stock? Use our calculator to estimate your expected dividend yield:
Calavo Growers Financial Ratios
Calavo Growers Dividend FAQ
Other factors to consider when evaluating Calavo Growers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Calavo Growers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Calavo Growers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Calavo Growers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Calavo Growers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Calavo Growers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Calavo Growers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Calavo Growers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Calavo Growers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Calavo Growers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.